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Oct 16, 2013
10/13
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it's covered by most health plans. >>> even with a potential debt ceiling deal in the work, the effects of the gop's hostage taking have already had an impact on the american economy. yesterday afternoon, fitch ratings put the u.s. government's aaa credit rating on negative watch. wrote the agency in a statement, although fitch continues to believe that the debt ceiling will be raised soon, the political brinksmanship and reduced financing flexibility could increase the risk of a u.s. default. before the deal was announced today, interest rates on short-term treasury bills spiked, driven by fears that the treasury would not be able to pay if the country defaults in the next few months. at reuters, it's argued the default has already begun. right now with the shutdown, we've already reached the point at which the government is breaking very important promises. indeed, we promise to pay hundreds of thousands of government employees a certain amount on certain dates. in return for their honest work. we have broken that promise. but with news of a deal brokered in the senate, markets are re
it's covered by most health plans. >>> even with a potential debt ceiling deal in the work, the effects of the gop's hostage taking have already had an impact on the american economy. yesterday afternoon, fitch ratings put the u.s. government's aaa credit rating on negative watch. wrote the agency in a statement, although fitch continues to believe that the debt ceiling will be raised soon, the political brinksmanship and reduced financing flexibility could increase the risk of a u.s....
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Oct 11, 2013
10/13
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ALJAZAM
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the obama administration wants a debt ceiling deal to include reopening the government. something the republicans have on their radar. >> opening the government is a negotiation that will happen tonight and in the hours ahead. we hope to have it opened by monday morning. >> speaker boehner's proposal was laid out at the white house on thursday with president obama and 20 republican leaders. the republicans left by the side door, without giving remarks, but clarified the talks were positive. the white house signalled the talks were welcome. >> the president is happy that cooler heads seem to be prevailing in the house. that there seems to be a recognition that default is not an option. >> optimism about a deal sent stocks soring with major averages rallying by 2% across the board, second-best gains this year. >> joining me to discuss what happens next in the washington brinksmanship is mark mckinnon. he advised hundreds of campaigns and candidates, including george w. bush, and senator john mccain, and is the founder of no labels, a group of democrats, republicans and ind
the obama administration wants a debt ceiling deal to include reopening the government. something the republicans have on their radar. >> opening the government is a negotiation that will happen tonight and in the hours ahead. we hope to have it opened by monday morning. >> speaker boehner's proposal was laid out at the white house on thursday with president obama and 20 republican leaders. the republicans left by the side door, without giving remarks, but clarified the talks were...
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Jan 2, 2013
01/13
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. >> reporter: the president will be trying to reach a debt ceiling deal with a new congress. winners from the november election will be sworn in tomorrow. tara mergener for cbs news, capitol hill. >>> it is a small step to getting our fiscal problems in order, but only for a couple of months. the stopgap measure appears, however, to be having a positive effect on wall street. the dow above 200 points and both the nasdaq and s&p 500 are up. of course there is reaction from taxpayers. our surae chinn is on capitol hill with more information. >> very dysfunctional. >> it's exciting. it's a little frustrating there's some kicking of the can. > reporter: even those who work and live close to capitol hill are frustrated at the procrastination of congress passing a late night bill to avoid falling off the fiscal cliff. but there is some satisfaction. >> a relief and that the stocks are showing -- [indiscernible] >> more than 98% of americans and 97% of small businesses will not see their income taxes go up. >> reporter: but oliver says he's part of the small group who will be paying
. >> reporter: the president will be trying to reach a debt ceiling deal with a new congress. winners from the november election will be sworn in tomorrow. tara mergener for cbs news, capitol hill. >>> it is a small step to getting our fiscal problems in order, but only for a couple of months. the stopgap measure appears, however, to be having a positive effect on wall street. the dow above 200 points and both the nasdaq and s&p 500 are up. of course there is reaction from...
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Oct 11, 2013
10/13
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ALJAZAM
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here are tonight's top stories. >> no debt ceiling dealing not yet. white house and republican leaders say they had a good meeting today. they have yet to make a deal that would extend the debt limit. >> a spokesman for john boehner says both sides say the talks will continue throughout the night. >> the government is extending pebenefits to fallen troops. president obama signed the measure after it left the senate. they pay out $100,000 hours o after the member's
here are tonight's top stories. >> no debt ceiling dealing not yet. white house and republican leaders say they had a good meeting today. they have yet to make a deal that would extend the debt limit. >> a spokesman for john boehner says both sides say the talks will continue throughout the night. >> the government is extending pebenefits to fallen troops. president obama signed the measure after it left the senate. they pay out $100,000 hours o after the member's
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Oct 4, 2013
10/13
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WUSA
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told fellow republicans he'll get a debt ceiling deal even if he has to rely on the democrats. neither side is willing to compromise. >> the president's refusal to work in a bipartisan way has led us to this shutdown. >> we have a very simple message today for speaker boehner. let the house stop this irresponsible reckless games. >> reporter: a u.s. government poll shows that 66% say there should be budgeting for the health care law. >>> on the "cbs moneywatch," #twitteripo and new home buyers get a break on the interest rate. gigi stone is here from the north stock exchange with that and more. good morning, gigi. >> tokyo's nikkei fell 1%. hong kong's hang seng dropped half a percent. the dow jones lost 136 points. the nasdaq composite was lower by 40 points. first friday of the month the labor department issued its jobs report but not this friday. the september jobs report is being postponed because of the government shutdown. >>> good news if you're buying a home. mortgage rates dropped for the third consecutive week. 30-year fixed rate mortgages are averaging 4.22%. 15-year
told fellow republicans he'll get a debt ceiling deal even if he has to rely on the democrats. neither side is willing to compromise. >> the president's refusal to work in a bipartisan way has led us to this shutdown. >> we have a very simple message today for speaker boehner. let the house stop this irresponsible reckless games. >> reporter: a u.s. government poll shows that 66% say there should be budgeting for the health care law. >>> on the "cbs...
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Oct 11, 2013
10/13
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CNN
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and the debt ceiling deal. it might be in the works but are republicans and democrats, are they willing to compromise? are the republicans willing to compromise with each other and, as you mentioned, is the damage already done there we're going to look at how the world views the united states move to flirt with default? my name is mike and i quit smoking. chantix... it's a non-nicotine pill. i didn't want nicotine to give up nicotine. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. [ mike ] when i was taking the chantix, it reduced the urge to smoke. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these, stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you'
and the debt ceiling deal. it might be in the works but are republicans and democrats, are they willing to compromise? are the republicans willing to compromise with each other and, as you mentioned, is the damage already done there we're going to look at how the world views the united states move to flirt with default? my name is mike and i quit smoking. chantix... it's a non-nicotine pill. i didn't want nicotine to give up nicotine. [ male announcer ] along with support, chantix (varenicline)...
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Oct 14, 2013
10/13
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CSPAN
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we are asking can a debt ceiling deal be reached. just about 50 votes so far and more folks saying that it will not be reached. here is a comment from rob bloomer. we'll be looking at our facebook page and twitter. phone lines are open as well. we will start with bertha from florida this morning on our line for democrats. good morning, bertha. caller: good morning. i just want to send a message to all the voters who sat home in 2010 plan to sit home in 2014 -- you have no one to blame but yourself for letting these extremists take over our country. it is not going to get better, it is going to get worse trade is not about democrats or republicans, we have extremist in both. you make sure they share your values before you go and vote. please vote. thank you. susan is up next from kingston, illinois on the independent line. caller: it would be better for the republicans to get all the stuff straightened out fast because the longer it takes them they look like they are more and more controlled by the tea partiers crowd the longer the ob
we are asking can a debt ceiling deal be reached. just about 50 votes so far and more folks saying that it will not be reached. here is a comment from rob bloomer. we'll be looking at our facebook page and twitter. phone lines are open as well. we will start with bertha from florida this morning on our line for democrats. good morning, bertha. caller: good morning. i just want to send a message to all the voters who sat home in 2010 plan to sit home in 2014 -- you have no one to blame but...
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Oct 18, 2013
10/13
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CNN
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ceiling deal was going to be reached. >> all right. thank you so much. >>> many of us don't leave the house without checking it. many of us wouldn't get where we're going without it. as we mentioned, google had a day to remember on wall street with shares hitting the $1,000 mark for the first time ever. i want to bring in rocco pendola. columnist for "the street." google demolished expectations with its earning report. how did they do this? >> jake, first i want you to repeat after me. you don't have to worry about a shutdown at google. >> you really -- you don't have to worry about a shutdown at google. okay. >> there you go. fantastic. you said shutdown within the first five minutes of the show. yeah, they blew it away. you didn't get that, jake. come on. >> i didn't realize i violated -- >> you are so enamored with the $1,000 stock price like everybody else is. they're on fire. the reason why is because they're focused. they're more focused than yahoo! who does search, more focused than bing and more focused than apple, one of the g
ceiling deal was going to be reached. >> all right. thank you so much. >>> many of us don't leave the house without checking it. many of us wouldn't get where we're going without it. as we mentioned, google had a day to remember on wall street with shares hitting the $1,000 mark for the first time ever. i want to bring in rocco pendola. columnist for "the street." google demolished expectations with its earning report. how did they do this? >> jake, first i want...
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Mar 22, 2013
03/13
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MSNBCW
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ceiling deal she says republicans want to eliminate medicare and privatise social security. >>> if the goal is to have them wither on the vine or reduced in a way that does not meet their purpose, then those are fighting words. >> fighting words. >>> and some very strong words on the floor of the house yesterday, thursday, rather, from minnesota republican congresswoman michelle bachmann about repealing the affordable care act. >> that's why we're here. because we're saying let's repeal this failure before it literally kills women, kills children, kills senior citizens. let's not do that. let's love people. let's care about people. >> and that's your morning's dish of scrambled politics. >>> and bill karins is here. let's love people, bill. do you have a good weather report for us? >> no. i should just turn around and leave and go back home. i wish i was a bear and could hibernate and wait until it's spring. wait, it is spring. the bear is very confused. so is punxsutawney phil. that was a bust. let's talk about the wind chill. half the country has a whipped chill under freezing. the b
ceiling deal she says republicans want to eliminate medicare and privatise social security. >>> if the goal is to have them wither on the vine or reduced in a way that does not meet their purpose, then those are fighting words. >> fighting words. >>> and some very strong words on the floor of the house yesterday, thursday, rather, from minnesota republican congresswoman michelle bachmann about repealing the affordable care act. >> that's why we're here. because...
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Oct 14, 2013
10/13
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FBC
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adam: lots of moving pieces with the latest on debt ceiling deal. rich edson is following it all in washington. rich, bring us up to see. speed where do we stand right now? >> the top democrat and republican in the senate are negotiating a deal right now. they're trying to work outstanding issues. they haven't finalized deal. everything could be in and out. remember, not everything is set in stone until you agree with a final deal. what the framework is looking like, keep the government open until january this. extend the debt ceiling to february 15. medical device tax, delay in that tax we've been hearing so much is knot part of the deal. there is another reinsurance tax they're looking to delay. unions would like delayed. that would be a centerpiece of this. a lot of moving parts on this right now. they don't have a final deal, adam. they're hopeful that stipe in the next few hours they reach a final agreement. all the uncertainty how you get through the senate in time and over to the house and will the house pass it comes up. back to you. >> rich
adam: lots of moving pieces with the latest on debt ceiling deal. rich edson is following it all in washington. rich, bring us up to see. speed where do we stand right now? >> the top democrat and republican in the senate are negotiating a deal right now. they're trying to work outstanding issues. they haven't finalized deal. everything could be in and out. remember, not everything is set in stone until you agree with a final deal. what the framework is looking like, keep the government...
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Oct 10, 2013
10/13
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FOXNEWSW
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dealing with these two things at once, the government shutdown and the debt creel, -- debt ceiling, it's like the world series and stanley cup tame. at it october and juggling this two things is remarkable. people are looking for an exit ramp and it's not there yet. >> the g.o.p. says we'll give you your debt ceiling, give yaw that increase until mid-to late november. in return for that you have to come to the table and bargain with us over the shutdown, and that may or may not include obamacare. right? >> that's right. and they haven't been specific to the government shutdown. a republican congressman from idaho says this morning, obamacare is still on the table. he said we're willing to give some in terms of 0 a clean raising of the debt ceiling. heritage action, one of the conservative groups which monitors house republicans and senate republicans like a hawk, says it's not in fav of a clean debt ceiling increase but is willing to give, their word, flexibility to the house republican leadership and they're not going to look at this potential vote to raise the debt ceiling. we're expec
dealing with these two things at once, the government shutdown and the debt creel, -- debt ceiling, it's like the world series and stanley cup tame. at it october and juggling this two things is remarkable. people are looking for an exit ramp and it's not there yet. >> the g.o.p. says we'll give you your debt ceiling, give yaw that increase until mid-to late november. in return for that you have to come to the table and bargain with us over the shutdown, and that may or may not include...
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Oct 14, 2013
10/13
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CNNW
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presenting a deal to their colleagues to end the shutdown and perhaps make a deal on the debt ceiling as well. the big question is, if this deal gets on the floor, could the white house accept it? our political panel weighs in. (music plays throughout) hey guten morgen guess who? mr. mojito? ok it's got to be really fast, i've got one second hey no way wei hey, ca va? nudeq nuqdaq duch doch bolz stop calling me oh my god, no! how are they looking? we did it baby woohh oi ma yerp yerp moshi moshi, meow what?! ♪ a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your
presenting a deal to their colleagues to end the shutdown and perhaps make a deal on the debt ceiling as well. the big question is, if this deal gets on the floor, could the white house accept it? our political panel weighs in. (music plays throughout) hey guten morgen guess who? mr. mojito? ok it's got to be really fast, i've got one second hey no way wei hey, ca va? nudeq nuqdaq duch doch bolz stop calling me oh my god, no! how are they looking? we did it baby woohh oi ma yerp yerp moshi...
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to get the debt ceiling deal done committed the government back in order and then piece by piece, maybe start with social security in deal with that. i do think both sides to deliver and we could make progress off. adam: does president obama have a kind of respect our ability to say to my comment and to a close, behind the door deal? here is a we're going to do, though it presidents in the past half. >> well, i think that you have to get through the debt ceiling and make that claim. in the three have to give their words. well make a sincere effort to do something. to a long-range buzz of solution i do think each of them have the authority and the trust's. will they? and not sure. adam: last question. >> i think that is what will happen in the end. adam: it has to happen before the 17th. we have the ceo from at&t saying that even the discussion of the fault is doing harm to the global and u.s. economy. last question, the administration says that when i use the 14th amendment to the constitution section as their ability to have an executive order to bypass congress and raise the debt. do
to get the debt ceiling deal done committed the government back in order and then piece by piece, maybe start with social security in deal with that. i do think both sides to deliver and we could make progress off. adam: does president obama have a kind of respect our ability to say to my comment and to a close, behind the door deal? here is a we're going to do, though it presidents in the past half. >> well, i think that you have to get through the debt ceiling and make that claim. in...
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Oct 16, 2013
10/13
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CSPAN
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we also have an unscientific poll, can a debt ceiling deal be reached? we appear to be closer to an agreement being worked out by senate leaders and moving to the house first, but you can weigh in and cast your vote. facebook.com/c-span. gave from 29 palms, california, republican line. good morning to you. caller: morning. thanks for taking my call. i have just a few questions actually because i keep hearing the democrats talk about the debt ceiling and social security . what does social security have to do with the debt ceiling? social security is a separate program that is funded by those who work. i have still no understanding of why we would have to borrow money when social security is self-supporting as far as i know. when it comes to the budget, isn't it part of the president's job description to balance -- at least balance a budget and loosest sense of the word, that would be to balance a budget from year to year to keep the government going? this president has never balanced bauth as long as he's been in office. >> to be honest, nor have many of
we also have an unscientific poll, can a debt ceiling deal be reached? we appear to be closer to an agreement being worked out by senate leaders and moving to the house first, but you can weigh in and cast your vote. facebook.com/c-span. gave from 29 palms, california, republican line. good morning to you. caller: morning. thanks for taking my call. i have just a few questions actually because i keep hearing the democrats talk about the debt ceiling and social security . what does social...
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Oct 14, 2013
10/13
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CNBC
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>> the debt ceiling is a big deal because it fundamentally is what can impact interest rates. remember what happened back in 2011 when we had the debt ceiling debate. we had our credit downgrade. and, you know, so we had the global markets watching what goes on in the united states, and we see almost a husband and wife effect of arguing and bickering between the house and senate and what lender in their right mind wants to lend to a country that is functionally dysfunctional the way that our government has been when it comes to this debt ceiling limit. and so yes, we saw even though the debt ceiling was not reached in 2011, that had big impacts in our credit rating and will we see that same exact thing even if we reach a debt ceiling agreement a couple days from now? it's quite possible the damage has been done and will be done long term because of this kind of dysfunctionalty. >> we'll be keeping an eye out for any impact like that. thank you very much for giving the pulse check to us. >> you're welcome. >> what would a u.s. debt default mean for the global economy? i sat dow
>> the debt ceiling is a big deal because it fundamentally is what can impact interest rates. remember what happened back in 2011 when we had the debt ceiling debate. we had our credit downgrade. and, you know, so we had the global markets watching what goes on in the united states, and we see almost a husband and wife effect of arguing and bickering between the house and senate and what lender in their right mind wants to lend to a country that is functionally dysfunctional the way that...
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Oct 11, 2013
10/13
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CNN
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could we see debt ceiling deal today? ♪ norfolk southern what's your function? ♪ ♪ hooking up the country helping business run ♪ ♪ build! we're investing big to keep our country in the lead. ♪ load! we keep moving to deliver what you need. and that means growth, lots of cargo going all around the globe. cars and parts, fuel and steel, peas and rice, hey that's nice! ♪ norfolk southern what's your function? ♪ ♪ helping this big country move ahead as one ♪ ♪ norfolk southern how's that function? ♪ ido more with less with buless energy. hp is helping ups do just that. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind. ♪ wake me up when it's all over ♪ >>> chaos is erupted because you brought don't nughnuts in and n can focus. one person that can focus is indra petersons. >> it's not my type of do
could we see debt ceiling deal today? ♪ norfolk southern what's your function? ♪ ♪ hooking up the country helping business run ♪ ♪ build! we're investing big to keep our country in the lead. ♪ load! we keep moving to deliver what you need. and that means growth, lots of cargo going all around the globe. cars and parts, fuel and steel, peas and rice, hey that's nice! ♪ norfolk southern what's your function? ♪ ♪ helping this big country move ahead as one ♪ ♪ norfolk southern...
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Oct 8, 2013
10/13
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MSNBCW
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what i've said about the debt ceiling deal is just this. we ought to tie spending reductions in a plan to reduce the deficit with the debt ceiling. every major spending reduction deal of the last 30 years has been done with the debt ceiling. the president is the one that is saying he wants to change that trend, and do this entire debt ceiling proposal without any efforts. >> with all due respect sir, the democrats have come down to about the paul ryan spending number. what you just talked about, the compromises you want, are still on the affordable care act, which are not about spending. that is a settled policy. you're still tying the affordable care act to raising the debt ceiling. you just did it. >> no, i mean, i -- you're -- i'm not -- we've got two issues here. the continuing resolution, the proposals i talked to about the affordable care act are connected with the continuing resolution. what i've told you with the debt ceiling is that we ought to focus on bringing spending reductions to the table like we have done with every major --
what i've said about the debt ceiling deal is just this. we ought to tie spending reductions in a plan to reduce the deficit with the debt ceiling. every major spending reduction deal of the last 30 years has been done with the debt ceiling. the president is the one that is saying he wants to change that trend, and do this entire debt ceiling proposal without any efforts. >> with all due respect sir, the democrats have come down to about the paul ryan spending number. what you just talked...
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Oct 15, 2013
10/13
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FOXNEWSW
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. >>> just two-days before the debt ceiling deadline senate leaders say they are closing in on a deal that would prevent the government from defaulting. if passed the deal would fund the government until january 15th and raise the nation's debt ceiling until february. it would leave obama care untouched. new jersey governor chris christie slams congress for the shut down on "on the record"." >> we were hired to run the government not close it. both sides are disappointed. they don't talk to each other on the regular basis they don't develop relationships across party lines. they don't begin to even think about these things until there's a crisis that they themselves created because of their own behavior. it's a lack of leadership on both parties. >>> house republicans will meet to discuss the deal. >> they are reporting information from our e-mail address and your instant messaging account. kelly wright is live for us with what we need to know. >> heather, good morning. it is kind of a creepy feeling when you get all of this information going on and realize it might be -- they might b
. >>> just two-days before the debt ceiling deadline senate leaders say they are closing in on a deal that would prevent the government from defaulting. if passed the deal would fund the government until january 15th and raise the nation's debt ceiling until february. it would leave obama care untouched. new jersey governor chris christie slams congress for the shut down on "on the record"." >> we were hired to run the government not close it. both sides are...
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Oct 15, 2013
10/13
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ALJAZAM
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with the debt ceiling deadline three days away, parties are optimistic a deal will be done. on the table several plans to reopen the government and raise the debt ceiling. 350,000 federal workers are furloughed. >> the risk may be going up because of difficulties in congress but the direction is a little hard to pin down. >> this year's nobel prize winner in economics says the bickering in washington could make the stock market r
with the debt ceiling deadline three days away, parties are optimistic a deal will be done. on the table several plans to reopen the government and raise the debt ceiling. 350,000 federal workers are furloughed. >> the risk may be going up because of difficulties in congress but the direction is a little hard to pin down. >> this year's nobel prize winner in economics says the bickering in washington could make the stock market r
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Sep 25, 2013
09/13
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and what about the debt ceiling deal? by ceiling deal? by the way, treasury secretary jack lew now says the government will definitely run out of money on october 17. >>> and what about obama care premiums? today the administration said their cost would fall 16% below projections. but our expert says those costs are going to blow sky-high and double for most states in the union. all those stories and more coming up on "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." we are live here at 7:00 p.m. eastern and 4:00 p.m. pacific. and right now
and what about the debt ceiling deal? by ceiling deal? by the way, treasury secretary jack lew now says the government will definitely run out of money on october 17. >>> and what about obama care premiums? today the administration said their cost would fall 16% below projections. but our expert says those costs are going to blow sky-high and double for most states in the union. all those stories and more coming up on "the kudlow report" beginning right now. >>> good...
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Jan 2, 2013
01/13
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FOXNEWSW
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we are going to have to deal with the debt ceiling. we are going to have to deal with the continuing resolution. expiration. and we will have to deal with the sequester. and all that is left is spending cuts so the only question we have to ask ourselves is what programs do we cut and how deep do we cut them? we got to look back on this night and regret it not withstanding the fact that 95% of it apparently will vote for it. thank you, mr. chairman. >> i'm prepared to close. >> the gentleman from michigan, mr. levin. >> i now yield one minute to the gentleman from new york. >> bret: i said jim moran from maryland. from virginia. heated up about the fiscal cliff debates yet to come. and he is right. one will start just after this one if in fact this bill passes because the debt ceiling debate will begin soon after that as we talked about tonight with the panel. we will continue this it looks like they are coming to the end of the debate and the vote will happen soon after that. continued analysis here on fox news channel as we watch this
we are going to have to deal with the debt ceiling. we are going to have to deal with the continuing resolution. expiration. and we will have to deal with the sequester. and all that is left is spending cuts so the only question we have to ask ourselves is what programs do we cut and how deep do we cut them? we got to look back on this night and regret it not withstanding the fact that 95% of it apparently will vote for it. thank you, mr. chairman. >> i'm prepared to close. >> the...
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Oct 15, 2013
10/13
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MSNBC
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i would hope that they would bring a debt ceiling deal clean, a cr clean and let's order the negotiations for a budget by december 13th. all these things are fine with us, but these other extraneous things, i'm not too sure that democrats are going to be for that. >> sir, let's talk about those calendar dates that we've been talking about this morning. senator, i know that the president had earlier said that he wanted the senate democrats to come up with a one-year proposal for the debt ceiling. meanwhile all this has been mashed together with the shutdown and so we've got the debt ceiling looming, we're in government shutdown mode but the senate gop has postponed their meeting coming up today at 12:30 eastern time. if this deal gets done and the president signs it and as the congressman brings up, the senate deal keeps the government funded until january 15th, raises the debt limit until february 7th and could resolve through this special committee by december 13th where proper cuts could come in, isn't this just an extension of kicking the can down the road and we end up where we are 90
i would hope that they would bring a debt ceiling deal clean, a cr clean and let's order the negotiations for a budget by december 13th. all these things are fine with us, but these other extraneous things, i'm not too sure that democrats are going to be for that. >> sir, let's talk about those calendar dates that we've been talking about this morning. senator, i know that the president had earlier said that he wanted the senate democrats to come up with a one-year proposal for the debt...
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Oct 11, 2013
10/13
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ceiling deal has sent stocks sky rocketing. ainsley, such a good day yesterday. republicans say they want to extend the government's ability to borrow six more weeks. stocks rally. we are talking the biggest point game for the entire year. the blue chip adding 320 points. the s&p that00 are likely have in your money market. of the stocks that make up the s&p, just 11 were lower. nasdaq rising 2 and a quarter percent yesterday. rally in a big way. you can call the reaction relief rally or optimism they will get a an agreement but investors were exhaling as they watched money on the side lines this week pour back into the market. there's a measure that shows how nervous investors have been. that fell sharply just 24-hours prior. so the rest of the world markets are following the u.s. stock market higher and our futures this morning indicate that today could be another good day. >> we will take it. >>> president obama finally signs a bill to tapay death benefits to soldiers during the government shut down. they said the bill was n
ceiling deal has sent stocks sky rocketing. ainsley, such a good day yesterday. republicans say they want to extend the government's ability to borrow six more weeks. stocks rally. we are talking the biggest point game for the entire year. the blue chip adding 320 points. the s&p that00 are likely have in your money market. of the stocks that make up the s&p, just 11 were lower. nasdaq rising 2 and a quarter percent yesterday. rally in a big way. you can call the reaction relief rally...
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to deal with the debt ceiling. the bad the rush limbaugh's show yesterday all rush but was in the middle of a tirade on gun control when he decided to attack look. and others who support responsible gun safety laws speaking about proponents of gun safety laws she believes are only would rules rush said quote. good people they never use a gun to kill kids they use abortion for the. good ole rush making light of gun violence and fueling the war on women's rights in the same sentence looks like he's still trying hard to take back the right wing media's biggest nut jobs that a smell is jones and a very very ugly and coulter conservative pundit was on fox so-called news last night in an interview with sean hannity coulter talked about her theory behind all the gun violence and i think it was. as you know i just got back from from england which to me they have not bought into this whole diversity enthusiasm on which raises the important point that on the gun crimes we keep hearing how do they are in europe and know they'
to deal with the debt ceiling. the bad the rush limbaugh's show yesterday all rush but was in the middle of a tirade on gun control when he decided to attack look. and others who support responsible gun safety laws speaking about proponents of gun safety laws she believes are only would rules rush said quote. good people they never use a gun to kill kids they use abortion for the. good ole rush making light of gun violence and fueling the war on women's rights in the same sentence looks like...
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Jan 19, 2013
01/13
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CSPAN
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expressed concern about how much of the chill news were addressed in the deal. it went part way, but it leaves a number of issues still on the table and negotiations are looming. would you characterize that as an additional cliff that is facing us? or is it not as concerned as it was when you raised that term initially? >> as i said, the fiscal kloof, if allowed -- the fiscal clef, if allowed to take place, would probably create a recession this year. a good part of that has been addressed. but nevertheless, we have a set of a restrictive fiscal policies now. federal fiscal policy will subtract from real gdp growth something on the order of one% to 1.5% this year. it is quite a drag on the economy. there is more work to do. let me be clear about that. it will be a long haul. it will not happen overnight. basically because the government budget represents the values and priorities of the public and decisions being made about what to spend on, what to tax and so on are difficult and contentious decisions and will take some time to address. >> those issues, of cour
expressed concern about how much of the chill news were addressed in the deal. it went part way, but it leaves a number of issues still on the table and negotiations are looming. would you characterize that as an additional cliff that is facing us? or is it not as concerned as it was when you raised that term initially? >> as i said, the fiscal kloof, if allowed -- the fiscal clef, if allowed to take place, would probably create a recession this year. a good part of that has been...
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Oct 4, 2013
10/13
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how bad might things get for the markets before a debt ceiling deal? according to cramer, really good pee cnbc.com article, really bad. see why we may be putting the labor department out of business. and the furor over fifa. soccer's governing body may be on the verge of admitting making a terrible mistake. and
how bad might things get for the markets before a debt ceiling deal? according to cramer, really good pee cnbc.com article, really bad. see why we may be putting the labor department out of business. and the furor over fifa. soccer's governing body may be on the verge of admitting making a terrible mistake. and
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Oct 12, 2013
10/13
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ceiling deal with president obama? nick gallespie says the gop should play dirty as possible and he joins me now. nick, it's good to see you and your jacket. what do you mean by playing dirty? >> what i mean is that obama has been obsessed about talking about cleanliness when it comes to a debt bill, it has to be a clean bill, no strings attached. and he's like lady mcbeth or something, he's obsessed with getting things clean. but, in fact, we want a dirty bill here because the whole point of the debt limit is that it says you cannot borrow more than this. any increase in the debt limit, i think, should be tied to immediate and ongoing cuts in how much we spend going forward. >> how dirty should this be be? >> as dirty as you want it. >> yes. >> no, it should be -- i think that the best way forward would be to say, okay, we're going to give you a couple weeks for the people in congress to get together with the president. we'll raise the debt limit for that. and then we say, okay, in a year's time, we're coming back and
ceiling deal with president obama? nick gallespie says the gop should play dirty as possible and he joins me now. nick, it's good to see you and your jacket. what do you mean by playing dirty? >> what i mean is that obama has been obsessed about talking about cleanliness when it comes to a debt bill, it has to be a clean bill, no strings attached. and he's like lady mcbeth or something, he's obsessed with getting things clean. but, in fact, we want a dirty bill here because the whole...
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Oct 16, 2013
10/13
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a house deal on the debt ceiling and the government shutdown has collapsed. republican leadership cannot find the votes to support the latest plan that would reopen the government and raise that debt ceiling. of course we're about 48 hours away from hitting it. the clock is ticking at this moment. this would be the country's first-ever default on the nation's debt if it to were happen i want to go straight to dana bash on capitol hill. what's the latest? there was a deal in the senate and then in the house and that got rejected. another deal. now no vote. how significant? >> reporter: it's hugely significant for some reasons. let's start with the latest, the decision which was made official moments ago after a meeting down the hall from me in the house speaker's office with members of his leadership deciding formally they will need not to have this vote tonight. not just pull the bill from the house floor but i'm told this bill is now dead and this is significant first and foremost because this was supposed to be the last olive branch, erin to conservatives.
a house deal on the debt ceiling and the government shutdown has collapsed. republican leadership cannot find the votes to support the latest plan that would reopen the government and raise that debt ceiling. of course we're about 48 hours away from hitting it. the clock is ticking at this moment. this would be the country's first-ever default on the nation's debt if it to were happen i want to go straight to dana bash on capitol hill. what's the latest? there was a deal in the senate and then...
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Oct 17, 2013
10/13
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passage by the house of that budget and debt ceiling deal. we will get his ideas of what he would like to do going forward. his road map is what we expect to hear and that starts in ten minutes and we'll go straight to that when it does happen. as we're waiting for that, reps unleashing fierce reaction at the deal and some members of his own party. john mccain on house gop members who wanted the shutdown and debt fight. >> the problem with their strategy was is that it was a fol's errand. we were not going defund obama care and that's why we had an election in 2012. it was a terrific mistake. we inflicted pain on the american people that was totally unnecessary and we cannot do this again. >> so again, as we wait for the president to speak we want to bring in gop congressman who called the shutdown tactic suicidal in the past. tom cole from oklahoma. good day to you. we had a busy day. what did the republican party here get from the shutdown and debt fight. you heard senator mcdane there. >> frankly, we kept our conference unified. we made th
passage by the house of that budget and debt ceiling deal. we will get his ideas of what he would like to do going forward. his road map is what we expect to hear and that starts in ten minutes and we'll go straight to that when it does happen. as we're waiting for that, reps unleashing fierce reaction at the deal and some members of his own party. john mccain on house gop members who wanted the shutdown and debt fight. >> the problem with their strategy was is that it was a fol's errand....
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Oct 2, 2013
10/13
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ort congress hasn't even begun to deal with the debt ceiling. cei lawmakers must reach a deal a on that in about two weeks. treasury secretary says thes u.s. has about $30 billion in cash on hand to fund the nation, that is expected tote run out on october 17th. one of the peacemeal billsls the house voted on was to allow d.c.to use its own money to keep the city running. >> d.c.del gait elinor holmes norton got quite emotional as she pleaded with her colleagues for passing it. >> you are taxing this city precisely where it cannot be taxed. it's just another federalothe appropriation this.pr is a living, breathing city. and the notion of holding up our budget under any circumstances, or not distinguishing between the district of columbiari appropriation which is a budget, not of your 12 appropriations, and the otherhe budget is breaking my heart. >> the house failed to pass p the bill and that would have reopened national parks and monuments. the departments of veterans affairs services in the district. maryland's republican conk is blaming the
ort congress hasn't even begun to deal with the debt ceiling. cei lawmakers must reach a deal a on that in about two weeks. treasury secretary says thes u.s. has about $30 billion in cash on hand to fund the nation, that is expected tote run out on october 17th. one of the peacemeal billsls the house voted on was to allow d.c.to use its own money to keep the city running. >> d.c.del gait elinor holmes norton got quite emotional as she pleaded with her colleagues for passing it. >>...
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Sep 24, 2013
09/13
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the biggest deal is the debt ceiling and whether or not the scenarios. >> chris good to see you. thank you so much. >> thank you. >>> small business owners across the u.s. are bracing for the government shutdown, including this man, he serves his food from two trucks around the capitol one in washington and one in arlington, virginia. federal workers account for a third of his business. doug good to see you, federal workers are about a third of your clientele, but if there is a shutdown and it affects contractors to the government business? >> absolutely. because of the high percentage of federal workers in d.c., traditionally a government shutdown would have a huge devastating impact on small businesses, in addition to obviously the workers that work for those small businesses. >> all right. there's another complicating factor. we just heard chris say that it probably wouldn't last long if there was a shutdown, but there is a particular separate issue for you and that is permitting. >> yes, because the federal government approves the d.c. budget which is going through a process
the biggest deal is the debt ceiling and whether or not the scenarios. >> chris good to see you. thank you so much. >> thank you. >>> small business owners across the u.s. are bracing for the government shutdown, including this man, he serves his food from two trucks around the capitol one in washington and one in arlington, virginia. federal workers account for a third of his business. doug good to see you, federal workers are about a third of your clientele, but if there...
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Oct 15, 2013
10/13
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FBC
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thank you. >>> with washington know where closer to a deal on the debt ceiling deal, one big thing to watch, gold. prices are down but well off session lows. the futures in the pits next. lori: we want to show you short-term treasury bills, one-month and six-month treasurys. yields are much higher than average than the last couple months and that suggests to us that the investment community is growing a little more concerned that the u.s. won't make good on its bills in the next couple weeks. this is where the nervousness is. one-month, 3-month and 6-month. back in a moment. >> i'm dennis kneale with your fox business brief. of apple sent out invitations to a special event set for october 22nd in san francisco. "all things d" says apple is expected to unveil new versions of the ipad and ipad mini. the text of invitations beckons, we still have a lot to cover. the. >>> dallas fed president richard fisher sees no tapering in the fed bond purchases this month. fisher a very critic of this program told reuters, quote, my personal opinion it is not in play. >>> in bankrupt detroit, emergen
thank you. >>> with washington know where closer to a deal on the debt ceiling deal, one big thing to watch, gold. prices are down but well off session lows. the futures in the pits next. lori: we want to show you short-term treasury bills, one-month and six-month treasurys. yields are much higher than average than the last couple months and that suggests to us that the investment community is growing a little more concerned that the u.s. won't make good on its bills in the next couple...
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Oct 16, 2013
10/13
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CNN
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the dow jumped 200 points in reaction to news that a debt ceiling deal had been reached in the senate, and that's before the ink on the deal was even dry. we'll get to the politics of this all in a moment. but first, cnn's zain asher is live at the new york stock exchange with more on the stock surge. zain? >> reporter: hi, jake. yeah, so much excitement here on wall street, so much optimism. you know, not even a ratings agency giving us a warning card was enough to deter investors. traders have been trying to block out the noise and focus squarely on the fact that they believe that they know that a deal is going to get done. at one point, the dow surged 206 points. i've been speaking to traders all morning. i said, there's no deal just yet, so why the optimism? they say, look, we know how washington works. we know that no politician wants to pick up the pieces of a possible default. and even if we don't see a deal tonight, we know the treasury has enough money to buy us some time. but the worry among some traders is is that the markets really haven't reacts strongly enough to force w
the dow jumped 200 points in reaction to news that a debt ceiling deal had been reached in the senate, and that's before the ink on the deal was even dry. we'll get to the politics of this all in a moment. but first, cnn's zain asher is live at the new york stock exchange with more on the stock surge. zain? >> reporter: hi, jake. yeah, so much excitement here on wall street, so much optimism. you know, not even a ratings agency giving us a warning card was enough to deter investors....
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Oct 8, 2013
10/13
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and they claim that the failure to raise the debt ceiling is not a big deal. representative steve king says all of this talk of a default is false we have plenty of money coming in toke service the debt zblerchlt thtreasury departmentd choose which iou's to pay. so, by is rapping up the legitimate fears the social security administration will into the receive their checks. the obama administration is bolstering the case for raising the debt ceiling and they are heaping theap eehoinhoping to pn the republicans in congris cong. david, what date are you hearing. >> to what johnathan was pointing out earlier 6 60 60 to% comes in. so there is some money but then it becomes incredible. that could cause the financial markets to collapse and then by the way when social security checks are to go out and 46 million americans may not get their social security checks and they stop participating in the economy. >> they stop sphenl spending. and if the market has not tumbled by that point it will certainly crash by then. you were listening to the news conference as well. i
and they claim that the failure to raise the debt ceiling is not a big deal. representative steve king says all of this talk of a default is false we have plenty of money coming in toke service the debt zblerchlt thtreasury departmentd choose which iou's to pay. so, by is rapping up the legitimate fears the social security administration will into the receive their checks. the obama administration is bolstering the case for raising the debt ceiling and they are heaping theap eehoinhoping to pn...
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ceiling deal was reached last night we could a had an economic armageddon would you be willing to pay that price for things like you know cutting people off from obamacare. i want to be willing to pay that cost i mean it's just shocking to me and totally disgraceful and of people are upset beyond words i don't know what else will put them in that state because we have had a complete breakdown in our government it should be clear to everyone that this two party controlled system doesn't work that democrats and republicans just push their own hidden agendas to try to get what they secretly want and they don't care about the american well ahead i just get out of the democratic agenda was never hidden in fact the democrats caved in the number the continuing resolution that came out of the senate that went to john boehner three weeks ago four weeks ago it was at the numbers that john boehner asked for it included the sequester i mean you could argue that the president lost on this deal and democrats lost on this deal because the sequester is still in play time we all lost you know i know y
ceiling deal was reached last night we could a had an economic armageddon would you be willing to pay that price for things like you know cutting people off from obamacare. i want to be willing to pay that cost i mean it's just shocking to me and totally disgraceful and of people are upset beyond words i don't know what else will put them in that state because we have had a complete breakdown in our government it should be clear to everyone that this two party controlled system doesn't work...
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Oct 15, 2013
10/13
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house republicans working on their own debt ceiling and government funding bill. senate republicans will soon meet behind closed doors about their deal to end the stalemate, one that prompted president obama to call minority leader mitch mcconnell yesterday and discuss it. this senate deal keeps the government funded until january the 15th. that's the same day a new round of sequestration kicks in. it raises the debt limit through february the 7th and creates a new conference to resolve major tax and spending issues by no later than december the 13th. now, the deal also allows agencies more flexibility with sequester-related cuts. meanwhile, the one in the house has minor tweaks to obama care but
house republicans working on their own debt ceiling and government funding bill. senate republicans will soon meet behind closed doors about their deal to end the stalemate, one that prompted president obama to call minority leader mitch mcconnell yesterday and discuss it. this senate deal keeps the government funded until january the 15th. that's the same day a new round of sequestration kicks in. it raises the debt limit through february the 7th and creates a new conference to resolve major...